Long-Awaited Altcoin Airdrop Comes Near: Here Are All the Details

Omnichannel trading platform Based has launched its native token BASED and shared details about its token economy. According to the company, the total supply of BASED tokens will be fixed at 1 billion.

According to the published token distribution plan, 36% of the supply (360 million tokens) is reserved for the community. Of this, 23.64% (236.4 million tokens) is allocated for ecosystem and community rewards, 20.36% (203.6 million tokens) will be distributed to investors, and 20% (200 million tokens) will be distributed to seed contributors.

The details of the 36% share allocated to the community were also revealed. Accordingly, 235 million tokens (23.5%) will be distributed among Based community members, PUP holders, BasedPal NFT holders, and launch partners who supported the token generation event (TGE), as well as users who participated in Season 1 and Season 2 point activities. Applications are planned to open in March 2026, and there is no lock-in period for this distribution. In addition, 75 million tokens (7.5%) will be allocated to the Ethena community, while 50 million tokens (5%) will be reserved for Season 3 participants.

The company’s official statement reads, “BASED is the native token powering the Based ecosystem. It is designed as a utility token to provide access to features within the platform, align incentives, and support long-term community ownership.”

*This is not investment advice.